21 Jan, 15:59 - Indian

SENSEX 75838.36 (-1.60)

Nifty 50 23024.65 (-1.37)

Nifty Bank 48570.9 (-1.58)

Nifty IT 41697.95 (-1.17)

Nifty Midcap 100 53834.95 (-2.31)

Nifty Next 50 63406.15 (-2.61)

Nifty Pharma 21882.9 (-1.35)

Nifty Smallcap 100 17456.5 (-2.28)

21 Jan, 15:59 - Global

NIKKEI 225 39027.98 (0.32)

HANG SENG 20106.55 (0.91)

S&P 6075.25 (0.49)

LOGIN HERE

flag

You are Here : Home > Markets > CompanyInformation > Company Background
BSE Code : | NSE Symbol : | ISIN : | Industry : |


Company History

Kisan Mouldings was incorporated in Nov.'89 as Sanwaria Synthetics Pvt Ltd and was converted into a public limited company in 1993. It acquired its present name in Nov.'93. It was promoted by Ramesh J Aggarwal and Satish J Aggarwal. The Company is a well-known brand in the PVC Pipes, Fittings and Allied Products. Its pipes and fittings are widely used for water management, irrigation, water distribution, cable ducting, drinking water, tube wells and sewage disposal systems. The Company has engaged itself in manufacturing of Custom Moulded Articles and Moulded Furniture. It has manufacturing facilities across the country and sells primarily in India through independent distributors.

The company initially set-up a project for manufacturing SWR rigid PVC fittings with an installed capacity of 600 tpa at Tarapur, Maharashtra. Phase-I of the project commenced production of SWR PVC fittings in Apr.'94. The company came out with a public issue in Feb.'95 to part-finance the project. After this, the company expanded and diversified its product range by manufacturing rigid PVC threaded / plumbing fittings, large sized rigid PVC agriculture / pressure pipe fittings and ABS flush tanks, which was completed in 1995.

During 1996-97, the entire range of dies and moulds has envisaged under the expansion project has been completed and the commercial production and marketing of flush tanks has also been started during the year.

In 1997-98, it had taken up the project for SWR fitting 90 MM size with a capital outlay of Rs 370 lacs which was completed in the first half of 1999-2000. But due to enable to meet growing demand, the project was restructured thereby increasing project cost to Rs.575 lacs.

The erstwhile Gaurav Agro Plast Limited (GAPL) was amalgamated with the Company in 2005-06. In terms of the said Scheme, the Board
Board of Directors of the Company allotted 38,23,677 Equity Shares of Rs. 10/- each and 3 Equity Shares of Rs. 10/- each fully paid-up respectively to the shareholders of erstwhile Gaurav Agro Plast Limited (GAPL). Besides, the Company introduced PE-AL-PE Composite Pipes and Fittings - the new generation plumbing system.

The Company's plants at Tumkur, Bangaluru and Phulera- Jaipur commenced operations in FY 2011-12. In 2013, the Scheme of Arrangement of Demerger of Roha and Silvassa Undertakings of Kisan Irrigations and Infrastructure Limited as going concern to the Company was approved in July, 2012 and the operations of the said Units along with all the assets and liabilities were merged effective from April 01, 2010. In 2022-23, the Company launched the Permafit range of SWR Drainage Systems.


Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

The power of the database is harnessed by our fired-up reporters to generate interesting ideas. The reader-friendly presentation of the idea, supplemented by relevant data and information, can be accessed online through Capita Telefolio and Telefolio Gold. These ideas are used by individual investors as well as institutional investors to do further research and stay ahead.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +